Shiba Inu lands on top cryptocurrency exchanges - where is Robinhood?

Gemini, a New York-based cryptocurrency exchange founded by billionaires Cameron and Tyler Winklevoss, joins the growing list of trading platforms that adds support for Shiba Inu (quotation SHIB), a cryptocurrency named after Dogecoin's canine mascot (DOGE).

SHIB now listed on Gemini

The story of Shiba Inu (SHIB), the best performer of the year in the cryptocurrency market, is still astounding, even after several iterations. About 12 months ago, the price of a SHIB coin had a staggering 10 leading zeros: $ 0,000000000064.

By the end of last month, six of those zeros were gone, and the crypto meme usurped its rival Dogecoin to become the largest dog-inspired token in the world. After entering the top ten of the largest cryptocurrencies in the market ranking, SHIB boasted a market capitalization of approximately $ 46 billion. The dog coin has minted a handful of millionaires and even a billionaire in its short life.

SHIB's bizarre fortune has attracted the attention of the market and major companies who want a piece of income from acquiring trading fees and attracting new users.

Binance and Coinbase previously listed SHIB, and the token recently got a listing on the retail-focused app of the leading Indian exchange CoinDCX. Now the Twins have made the leap too. The Gemini listing will facilitate greater trading activity and is the latest in a series of inspiring enhancements for SHIB.

In addition to Shiba Inu, Gemini has also listed a number of decentralized finance (DeFi), data management and metaverse tokens, including Mask Network (MASK), Quant (QNT), Radicle (RAD) and SuperRare (RARE).

It is worth mentioning that Gemini, which is famous for its focus on regulatory compliance in the United States, listed Dogecoin in May during the Elon Musk-led coin frenzy.

Robinhood and Kraken resist Shiba Inu's roster

SHIBArmy hopes online brokerage platform Robinhood will be next to add support for SHIB in the wake of the Gemini announcement. However, the platform isn't ready for the Dogecoin emulator yet.

Despite Robinhood COO Christine Brown recently commending the Shiba Inu community and a petition to get the platform to list SHIB by collecting over 531.000 signatures, the US stock and cryptocurrency trading app is in no rush to get on Shiba's bandwagon. Inu.

Loyal Shiba Inu fans got another blow when Kraken's swap hinted that SHIB would soon be listed, but later reneged on its promise, citing its incomplete review process.

Notably, rumors have also circulated about Musk's electric vehicle maker Tesla adding SHIB as a payment option, but an official announcement has yet to emerge. And what do you think of all this? Let us know in the comments below!